Which of the Following Statements Is True About Information Technology

question 52

Multiple Choice

Which of the following statements is true about information technology (IT) and the product life cycle?

• A)In the product's embryonic stage, many consumers are entering the market and buying the product for the first time and demand increases rapidly.
• B)In the growth stage, a product has yet to gain widespread acceptance; customers are unsure what a product has to offer, and demand for it is minimal.
• C)The growth stage ends and the maturity stage begins when market demand peaks because most customers have already bought the product.
• D)Once demand for a product starts to fall, the maturity stage begins; this typically occurs when advancing IT leads to the development of a more advanced product, making the old one obsolete.
• E)Products such as desktops and laptops and services such as Internet broadband and digital TV services are currently in the embryonic stage.

Compare the various factors affecting activity levels in children.

Describe the nutritional needs of preschool-aged children.

Recognize the impact of fine motor skill development in early childhood.

Understand the concept and importance of attachment in child development.

---

Definitions:

High Cholesterol

A condition characterized by elevated levels of cholesterol in the blood, which can increase the risk of heart disease.

Demand Shift

A change in the quantity of a product or service that consumers are willing and able to buy, due to factors such as price, consumer preferences, or income changes.

Equilibrium Price

the price at which the quantity of goods supplied equals the quantity of goods demanded, reaching a state of market balance.

Demand Increase

A situation where the desire and willingness to purchase a good or service grows, often resulting in higher prices.